Addus HomeCare Earnings Estimate

ADUS Stock

USD 93.84 0.41 0.44%

Many public companies, such as Addus HomeCare, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Addus HomeCare's earnings estimates, investors can diagnose different trends across Addus HomeCare's analyst sentiment over time as well as compare current estimates against different timeframes.

Addus HomeCare is projected to generate 0.86 in earnings per share on the 30th of June 2023. Addus HomeCare earnings estimates module stress-tests analyst consensus about projected Addus HomeCare EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.

Profit Margin is likely to gain to 0.0489 in 2023, whereas Gross Profit is likely to drop slightly above 244.1 M in 2023.

Profit Margin Gross Margin

Addus HomeCare Earnings Estimation Breakdown

The calculation of earning per share of Addus HomeCare is based on the official Zacks consensus of 4 analysts regarding Addus HomeCare's future annual earnings. Given the historical accuracy of 95.58%, Addus HomeCare's future earnings per share of Addus HomeCare is estimated to be 0.86 with the lowest and highest values of 0.83 and 0.91, respectively. Please note that this consensus of annual earnings estimates for Addus HomeCare is an estimate of EPS before non-recurring items and includes employee stock options expenses

Get Trade Advice

Current EPS 3.19

0.83

Lowest

Expected EPS 0.86

0.91

Highest

Addus HomeCare Earnings Projection Consensus

Suppose the current estimates of Addus HomeCare's value are higher than the current market price of the Addus HomeCare stock. In this case, investors may conclude that Addus HomeCare is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Addus HomeCare's stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Current EPS	EPS Estimate for 30th of June 2023
4	95.58%	3.19	0.86

Addus HomeCare Earnings History

Earnings estimate consensus by Addus HomeCare analysts from Wall Street is used by the market to judge Addus HomeCare's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Addus HomeCare's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Addus HomeCare Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

22.16 Million

Addus HomeCare Accumulated Retained Earnings Deficit are comparatively stable at the moment as compared to the past year. Addus HomeCare reported Accumulated Retained Earnings Deficit of 240.32 Million in 2022. Price to Earnings Ratio is likely to gain to 36.88 in 2023, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 55.2 M in 2023. Issuance Purchase of Equity Shares is likely to gain to about 2.6 M in 2023, whereas Weighted Average Shares is likely to drop slightly above 15.7 M in 2023.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Addus HomeCare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Addus HomeCare in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
89.68	93.83	97.98

Details

Intrinsic

Valuation

Low	Real	High
84.46	104.89	109.04

Details

7 Analysts

Consensus

Low	Target	High
100.00	114.17	130.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Addus HomeCare. Your research has to be compared to or analyzed against Addus HomeCare's peers to derive any actionable benefits. When done correctly, Addus HomeCare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Addus HomeCare.

Note that many institutional investors and large investment bankers can move markets due to the volume of Addus assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Addus HomeCare. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Addus HomeCare's stock price in the short term.

Addus HomeCare Earnings per Share Projection vs Actual

Actual Earning per Share of Addus HomeCare refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Addus HomeCare predict the company's earnings will be in the future. The higher the earnings per share of Addus HomeCare, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Addus HomeCare Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Addus HomeCare, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Addus HomeCare should always be considered in relation to other companies to make a more educated investment decision.

Addus Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Addus HomeCare's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2023-05-01	2023-03-31	0.88	0.97	0.09	10
2023-02-27	2022-12-31	0.95	1.11	0.16	16
2022-10-31	2022-09-30	0.92	0.94	0.02	2
2022-08-01	2022-06-30	0.9	0.91	0.01	1
2022-05-02	2022-03-31	0.74	0.77	0.03	4
2022-02-24	2021-12-31	0.92	0.97	0.05	5
2021-11-01	2021-09-30	0.89	0.91	0.02	2
2021-08-02	2021-06-30	0.89	0.9	0.01	1
2021-05-03	2021-03-31	0.74	0.74	0	0
2021-02-25	2020-12-31	0.75	0.82	0.07	9
2020-11-02	2020-09-30	0.65	0.76	0.11	16
2020-08-10	2020-06-30	0.49	0.73	0.24	48
2020-05-04	2020-03-31	0.63	0.77	0.14	22
2020-03-17	2019-12-31	0.67	0.73	0.06	8
2019-11-04	2019-09-30	0.58	0.62	0.04	6
2019-08-05	2019-06-30	0.54	0.56	0.02	3
2019-05-06	2019-03-31	0.47	0.52	0.05	10
2019-03-04	2018-12-31	0.51	0.55	0.04	7
2018-11-05	2018-09-30	0.45	0.48	0.03	6
2018-08-06	2018-06-30	0.51	0.5	-0.01	1
2018-05-07	2018-03-31	0.39	0.42	0.03	7
2018-03-05	2017-12-31	0.44	0.46	0.02	4
2017-11-06	2017-09-30	0.41	0.42	0.01	2
2017-08-07	2017-06-30	0.37	0.38	0.01	2
2017-05-08	2017-03-31	0.33	0.34	0.01	3
2017-03-06	2016-12-31	0.36	0.43	0.07	19
2016-11-07	2016-09-30	0.31	0.39	0.08	25
2016-08-01	2016-06-30	0.31	0.31	0	0
2016-05-02	2016-03-31	0.27	0.28	0.01	3
2016-03-07	2015-12-31	0.29	0.29	0	0
2015-11-02	2015-09-30	0.25	0.25	0	0
2015-08-03	2015-06-30	0.31	0.3	-0.01	3
2015-04-30	2015-03-31	0.24	0.24	0	0
2015-03-05	2014-12-31	0.3	0.36	0.06	20
2014-10-30	2014-09-30	0.29	0.29	0	0
2014-07-31	2014-06-30	0.25	0.28	0.03	12
2014-05-01	2014-03-31	0.19	0.21	0.02	10
2014-03-12	2013-12-31	0.25	0.32	0.07	28
2013-11-07	2013-09-30	0.23	0.25	0.02	8
2013-08-01	2013-06-30	0.22	0.25	0.03	13
2013-05-02	2013-03-31	0.14	0.2	0.06	42
2013-03-13	2012-12-31	0.21	0.35	0.14	66
2012-11-01	2012-09-30	0.17	0.17	0	0
2012-08-02	2012-06-30	0.11	0.14	0.03	27
2012-05-03	2012-03-31	0.1	0.07	-0.03	30
2012-03-01	2011-12-31	0.17	0.35	0.18	105
2011-11-03	2011-09-30	0.17	0.17	0	0
2011-08-04	2011-06-30	0.11	0.12	0.01	9
2011-05-05	2011-03-31	0.09	0.08	-0.01	11
2011-03-03	2010-12-31	0.14	0.14	0	0
2010-11-04	2010-09-30	0.11	0.15	0.04	36
2010-08-05	2010-06-30	0.16	0.16	0	0
2010-05-13	2010-03-31	0.14	0.13	-0.01	7
2010-03-18	2009-12-31	0.2	0.07	-0.13	65
2009-11-12	2009-09-30	None	0.0889	None	0

About Addus HomeCare Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Addus HomeCare earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Addus HomeCare estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Addus HomeCare fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for 2023
Accumulated Retained Earnings Deficit	240.3 M	259.3 M
Earning Before Interest and Taxes EBIT	69.1 M	55.2 M
Earnings per Basic Share	2.90	2.46
Earnings per Diluted Share	2.84	2.42
Price to Earnings Ratio	34.31	36.88
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	83.1 M	67.2 M
Earnings before Tax	60.2 M	48.6 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Addus HomeCare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run CEO Directory Now

CEO Directory

Screen CEOs from public companies around the world

All Next

Launch Module

Pair Trading with Addus HomeCare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Addus HomeCare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Addus HomeCare will appreciate offsetting losses from the drop in the long position's value.

Moving against Addus Stock

	-	0.76	VREX	Varex Imaging Corp		Fiscal Quarter End 30th of June 2023	Pair Corr
	-	0.51	OM	Outset MedicalInc		Fiscal Quarter End 30th of June 2023	Pair Corr

The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Addus HomeCare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Addus HomeCare to buy it.

The correlation of Addus HomeCare is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Addus HomeCare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Addus Stock analysis

When running Addus HomeCare's price analysis, check to measure Addus HomeCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.

	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	CEO Directory Screen CEOs from public companies around the world
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	CEO Directory Screen CEOs from public companies around the world
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	CEO Directory Screen CEOs from public companies around the world
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios

Is Addus HomeCare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addus HomeCare. If investors know Addus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addus HomeCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.472

Earnings Share

3.19

Revenue Per Share

61.406

Quarterly Revenue Growth

0.11

Return On Assets

0.0506

The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

Addus HomeCare Earnings Estimate

Addus HomeCare Earnings Estimation Breakdown

Addus HomeCare Earnings Projection Consensus

Addus HomeCare Earnings History

Addus HomeCare Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

22.16 Million

Addus HomeCare Earnings per Share Projection vs Actual

Addus HomeCare Estimated Earnings per Share

Addus Quarterly Analyst Estimates and Surprise Metrics

About Addus HomeCare Earnings Estimate

Be your own money manager

Did you try this?

Run CEO Directory Now

CEO Directory

Pair Trading with Addus HomeCare

Moving against Addus Stock

Complementary Tools for Addus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY